Wednesday, November 19th 2008 14:23
- British Pound Spikes Amidst Wild Volatility, Falls Back as BOE Minutes Signal Further Rate Cuts - Japanese Yen Jumps While US Stocks Close at Lowest...
Wednesday, November 19th 2008 15:02
An interest rate is one of the key elements to valuing a currency; however, there are times when other factors are more important to the market. Considering...
Wednesday, November 19th 2008 17:36
In its Oct 28-29 meeting the Federal Reserve made it clear that it could invoke a near zero interest rate policy (ZIRP) if the economic perspective continued...
Wednesday, November 19th 2008 17:32
The British pound gained throughout much of the morning to reach an intraday high of 1.5249, but subsequently fell back below 1.50 as UK interest rate...
Monday, November 3rd 2008 18:07
It's a little-known fact that the US Federal Reserve Bank does not actually set interest rates. As a result, there is often a discrepancy between the "suggested" Fed rate and the actual rate....
Wednesday, November 19th 2008 7:10
Greenback could be getting ready for another surge in currency tradingThe U.S. dollar is showing some stability in FX trading on the currency market today. It has been fairly even the last couple of...
Wednesday, November 19th 2008 7:44
Exports are more important than the yen in currency tradingFor years, the Bank of Japan and other Japanese officials have made it clear that exporters are more important than the strength of the yen...
Wednesday, November 19th 2008 10:04
FXstreet.com (Barcelona) – The Bank of England has affirmed that its decision to cut its Bank Rate by 1,50% announced in November the 6th was approved unanimously, based on the need to react...
Wednesday, November 19th 2008 14:02
FXstreet.com (Barcelona) – Starts of new houses have dropped again in October, for the fourth consecutive month to their lowest level ever, while building permits have dropped much lower than...
Tuesday, November 18th 2008 20:35
Australia’s Westpac Leading Index fell -1.0% in September, the lowest in at least 23 years. The reading suggests the annualized growth rate has fallen...
Tuesday, November 18th 2008 7:35
Sterling pulls back after attempted rally in currency tradingThe U.K. pound remains under pressure in forex trading on the currency market today. The sterling attempted a rally against the U.S....
Tuesday, November 18th 2008 7:43
U.S. dollar set to gain in currency tradingRecently, the only currency that has been giving the greenback trouble in FX trading has been the Japanese yen. However, the forex trading forecast for the...
Monday, November 17th 2008 17:06
Britain’s Consumer Price Index is expected to show the pace of price growth slowed to 0.1% in October, brining the annual inflation rate down to 4.8% having...
Monday, November 17th 2008 17:49
At its Nov. 4 meeting, the Reserve Bank of Australia eased “monetary policy quickly to a neutral position,” for a total of three rate cuts over the course...
Monday, November 17th 2008 7:16
U.K. pound drops in currency tradingAs one might expect, the U.K. pound continues to drop in currency trading on the FX market. Indeed, U.K. rate cut expectations are sending the sterling lower in...
Friday, November 14th 2008 7:17
FXstreet.com (Barcelona) – Consumer prices continue moderating their growing paces in Germany, on the back of the recent sharp decline in mineral oil prices, in October, annual inflation has...
Friday, November 14th 2008 10:24
FXstreet.com (Barcelona) –Inflation has continued moderating at a fast pace in October, as food and energy prices slow down their growing paces, according to data released by Eurostat.
Thursday, November 13th 2008 6:39
Sterling continues to be pounded in currency tradingThe U.K. pound has dropped below $1.50 in forex trading on the currency market. The sterling continues to be pounded in currency trading as the...
Thursday, November 13th 2008 9:44
FXstreet.com (Barcelona) – The European Central bank has released its monthly bulletin where it observes that global economy is slowing down and uncertainty remains at unusual high levels, although...
Thursday, November 13th 2008 10:19
FXstreet.com (Barcelona) – Economic expectations seem to have improved slightly in Switzerland in November although they still remain at levels far from the historical average, according to the...
Wednesday, November 12th 2008 16:05
- US Dollar Gains on Risk Aversion, Second Only to the Japanese Yen - British Pound Falls Nearly 3% Below 1.50 as Bank of England Signals Significant Rate...
Tuesday, November 11th 2008 16:47
Last week, the Bank of England acquieced to the seriousness of the credit crisis by cutting its benchmark interest rate by 150 basis points- the largest margin in nearly two decades. While the move...
Wednesday, November 12th 2008 7:27
Currency trading with the sterlingThe U.K. pound is plunging in forex trading on the currency market as economic troubles continue to apply pressure.
Wednesday, November 12th 2008 7:36
Currency trading with the Aussie and the kiwiDown under currencies are floundering in forex trading today as support from equity markets all but disappears. Stock market slumps are affecting currency...
Wednesday, November 12th 2008 9:47
FXstreet.com (Barcelona) – Unemployment has ticked up in the United Kingdom in the three months to October, although posting the largest monthly rise since 1992, according to figures released by...
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